Dexcom (DXCM) Operating Expenses (2010 - 2026)
Dexcom (DXCM) reported Operating Expenses of $495.0 million for Q1 2026, up 8.72% year-over-year from $455.3 million in Q1 2025, and up 5.39% quarter-over-quarter from $469.7 million in Q4 2025.
Dexcom (DXCM) Operating Expenses (2010 - 2026) Analysis & Trends
Dexcom (DXCM) has 17 years of Operating Expenses data on file, last reported at $495.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $495.0 million, up 8.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 5.3% YoY), and the FY2025 annual result was $1.9 billion, up 2.82% from the prior year.
- Operating Expenses rose to $495.0 million in Q1 2026 per DXCM's latest filing, from $469.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $495.0 million in Q1 2026 and troughed at $346.7 million in Q3 2022.
- A 5-year average of $435.7 million and a median of $441.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses decreased 11.89% in 2022, then climbed 20.51% in 2023.
- A 5-year view of Operating Expenses shows it stood at $415.9 million in 2022, then gained by 5.72% to $439.7 million in 2023, then advanced by 6.19% to $466.9 million in 2024, then rose by 0.6% to $469.7 million in 2025, then climbed by 5.39% to $495.0 million in 2026.
- Business Quant data shows DXCM's Operating Expenses at $495.0 million in Q1 2026, $469.7 million in Q4 2025, and $488.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 1.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 495.00 Mn |
| Dec 31, 2025 | 469.70 Mn |
| Sep 30, 2025 | 488.90 Mn |
| Jun 30, 2025 | 476.20 Mn |
| Mar 31, 2025 | 455.30 Mn |
| Dec 31, 2024 | 466.90 Mn |
| Sep 30, 2024 | 441.80 Mn |
| Jun 30, 2024 | 468.70 Mn |
| Mar 31, 2024 | 460.80 Mn |
| Dec 31, 2023 | 439.70 Mn |
| Sep 30, 2023 | 417.80 Mn |
| Jun 30, 2023 | 418.30 Mn |
| Mar 31, 2023 | 415.40 Mn |
| Dec 31, 2022 | 415.90 Mn |
| Sep 30, 2022 | 346.70 Mn |
| Jun 30, 2022 | 372.50 Mn |
| Mar 31, 2022 | 356.80 Mn |
| Dec 31, 2021 | 472.00 Mn |
| Sep 30, 2021 | 328.60 Mn |
| Jun 30, 2021 | 316.10 Mn |